Closing Bell: Can you say two rallies in a row? Barely (AAPL, JPM, MS, SIRI)

Posted Mar 11th 2009 4:05PM by Jon Ogg
Filed under: Apple Inc (AAPL), Sirius Satellite Radio (SIRI), JPMorgan Chase (JPM), Morgan Stanley (MS)

Today ended up on an unofficial closing bell basis (official DJIA level may change as late as 4:30), but that was not the case all day and the "win" felt more mixed than like another consecutive rally.

But a win is a win no matter how sloppy it gets. The US Deficit has reached a record $765 billion in just five months. And here are today's unofficial closing bell levels:

Dow 6,930.40 +3.91 (0.06%)
S&P 500 721.36 +1.76 (0.24%)
Nasdaq 1,371.64 +13.36 (0.98%)

Top Analyst Upgrades
Top Analyst Downgrades
52-Week Lows

Apple Inc. (NASDAQ: AAPL) rose after introducing a new smaller iPod Shuffle. It is even smaller than the first one and is priced at $79.00. Shares were up over 5% to $93.81 right before the close.

JPMorgan Chase & Co. (NYSE: JPM) rose after CEO Jamie Dimon gave a powerful speech today to the US Chamber of Commerce in Washington D.C. He also said that the bank was profitable in January and February. Shares were up some 6% at $20.69 shortly before the close.

Morgan Stanley (NYSE: MS) rose after Goldman Sachs called it a buy in an upgrade this morning. Shares were up 9% at $22.76 right before the close.

SIRIUS XM Radio Inc. (NASDAQ: SIRI) was up 6% at "almost" $0.16 after the company posted losses. It seems that the sales figures managed to exceed estimates. Where it gets interesting is that the pro forma numbers were the company's first profit.

Tags: jamie dimon, JamieDimon, sirius